Analysis of Award Winners by Christina Zweig

Analysis of award winners

Presented by: Christina Zweig

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Hot Firms Profile

➡ 25 Firms were new to the list!➡ 38 Firms have previously been on the Hot Firm list, but were

not in 2014 ➡ 29 firms were both Hot Firm Award winners and Best Firms To

Work For➡ Average movement on the list by Hot Firm alumni was down

5.2 places

How has firm size changed on the list?

• Firm sizes ranged from 14 to 17,000

• Median firm size of 175 people

• Average Firm size 610

Hot Firms Profile

• Firm sizes ranged from 20 to 9,200

• Median firm size of 186 people

• Average Firm size 454

2014 2015

0.0%

10.0%

20.0%

30.0%

40.0%

A/E (prim

arily A

)

Archite

cture/

Interi

ors

Design/B

uild

Env Con

sultin

g

Full S

ervice

Eng

Multidisc

ipline Eng

Engine

ering

Other

11%5%

35%

22%

12%2%9%4%

Who are the 2015 Hot Firms?

Hot Firms Profile

How Hot Firms’ 3-year revenue growth has trended

Hot Firms Profile

Average Median

How Hot Firms’ 3-year revenue growth has trended

Hot Firms Profile

2014 2015Average Growth Rate 108% 115%

Median Growth Rate 74% 88%

Top 10 Average Growth Rate 345% 232%

Top 10 Median Growth Rate 218% 135%

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What firm leaders are saying…

Hot Firms Profile

“Our%success%has%been%based%on%our%commitment%to%being%a%'Best%Firm%to%Work%For'%for%our%staff%and%a%'best%firm%to%work%with'%for%our%Clients.%Coupled%with%a%strong%entrepreneurial%spirit%and%a%commitment%to%do%it%right%the%first%@me,%this%has%posi@oned%us%to%add%people,%projects%%and%capabili@es%through%the%oil%and%gas%resource%boom%of%the%last%few%years.”%%

~Lee%Jordan,%Opera@ons%Manager,%GATE

Multidiscipline#1 #8

What firm leaders are saying…

Hot Firms Profile

LJA's%success%is%aMributed%to%our%strategy%of%diversifica@on%of%services.%We've%accomplished%this%by%expansions%through%acquisi@ons%and%organic%growth,%both%geographical%and%by%discipline,%affording%us%the%opportunity%to%capture%addi@onal%market%share.%%Diversifica@on,%along%with%key%new%hires,%places%LJA%in%the%posi@on%to%increase%our%market%and%client%base.%%Addi@onally,%a%key%factor%to%our%success%is%that%LJA%is%an%employeeRowned%firm,%and%we%believe%in%a%"grow%or%die%philosophy”%

~Calvin%T.%Ladner%PE,%President,%LJA%Engineering

Multidiscipline#2 #15

What Hot Firm leaders are saying…

Hot Firms Profile

“O’Neal’s%professionals%average%over%21%years%of%experience%and%specialize%in%complex%design%and%construc@on.%As%an%employeeRowned%company,%our%people%are%our%biggest%asset%and%dedicated%to%our%clients.%Unlike%most%in%our%industry,%O’Neal%can%guarantee%a%cost%and%schedule%for%project%delivery%during%the%reconstruc@on%phase.%O’Neal’s%exper@se%and%due%diligence%and%our%proven%CAP%Process%allows%us%to%be%confident%in%our%cost%and%schedule%for%total%project%delivery.”%%

~Kevin%Bean%PE,%President%and%CEO,%O’Neal

#3

Guess the percentage of firms on the 2015 Hot Firm List who grew using M&A?

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Hot Firms Profile

Percentage of 2015 Hot Firm List grew byMerger and/or Acquisition

38%

Organic growth is BIG for Hot Firms

Hot Firms Profile

Percentage of 2015 Hot Firm List grew byorganic growth alone during the three-year growth period

62%

Organic growth is big for Hot Firms

Hot Firms Profile

0

1

2

3

0 10 20 30 40 50 60 70 80 90 100

2015 Rank vs. # of Transactions+

Best Firms To Work For Profile

✓ 67% have won a BFTWF Award before✓ 62% of the 67% who won an award before, received an award last year ✓ Oldest firm was founded in the year 1900; Average was 1981✓ 48% of BFTWF Applicants have received a Hot Firm award before✓ Size ranged from 12 to 914 employees✓ 99% of firms hired at least one person in 2014


✓ 87% Have an HR Department or dedicated HR staff member ✓ 91% Collect formal feedback from their employees✓ 99% Use this feedback for business functions✓ 72% Share a working strategic business plan with staff✓ 77% Share revenue data with all employees✓ 64% Share profit data with all employees

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Best Firms To Work For ProfileEmployee profile - Age

Total employees surveyed

9600+

Best Firms To Work For ProfileEmployee profile - Job roles


9600+

Best Firms To Work For ProfileEmployee profile - Gender


9600+

Of the following options, what are employees least satisfied with?

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A. Mentoring program B. Periodic pay increases C. Training opportunities D. Career growth/advancement opportunities E. Opportunities for increased responsibility F. Excellent benefits G. Challenging work


Employee profile - Satisfaction (1-10 scale)Less satisfied More satisfied

Best Firms To Work For ProfileEmployee profile - Satisfaction

• Overall, employees in the under 25 and over 67 age range gave more positive responses than other age ranges.

• Overall, people in management were more likely to give positive responses than other job roles.

+

Best Firms To Work For ProfileWords that describe Best Firms To Work For

Most popular choices


✓ 93% Offered flex time/flexible working hours

✓ 99% Offered at least one type of retirement plan; 94% offered 401K plans

✓ 97% Offered bonus plans to full-time employees

✓ 89% Allow employees to carry PTO from one year to the next

✓ 92% Of firms provide maternity leave (average & median of 6 weeks paid, 12 weeks unpaid); 70% of firms provide paternity leave


• Most&popular&response&was&“Nothing”&&

• Be6er&mentoring/training&programs&• Childcare&

• Gym/exercise/workout&areas&&

• 4/10&schedule&or&opCon

What have you experienced or heard about at other firms that you would like to see implemented at your firm?

• Hawaiian&Shirt&Fridays&

• Pool&table&

• Take&all&employees&on&vacaCon&once&a&year&

• Nap&Cme&

• Rest&Pods

Best Firms To Work For

✓ Full&kitchen&stocked&with&fresh&fruit,&soN&drinks,&frozen&dinners,&espresso,&etc…&✓ Flight&training&allowances&for&pursuit&of&private&pilot&licenses&✓ Capital&Bike&Share&and&Zipcar&✓ Community&supported&agriculture&&&&✓ OnSsite&car&wash&&&

✓Massage&therapist&every&quarter&&&&

✓ Dry&cleaning&pickup&&&drop&off&

✓ Happy&hour&for&new&employees

What&other&types&of&benefits&do&you&offer?&

Some&of&the&best:

Why should your firm be honored among the Best Firms To Work For?

“As%an%almost%century%old%company,%Garver%has%been%rooted%in%its%core%values%R%honor,%integrity,%trust,%and%respect%R%while%progressively%seeking%ways%to%provide%a%flexible%and%suppor@ve%work%environment%that%accommodates%all%genera@ons.%Our%culture%is%what%makes%Garver%unique,%and%that%uniqueness%has%allowed%us%to%grow%and%diversify%by%service%offerings%and%geography.%It%is%a%vibrant%culture%that%aMracts%top%talent%to%join%us%and%that%compe@tors%want%to%emulate.%Garver%is%a%Best%Place%to%Work.”%

#3 Multi-Discipline

~GARVER Corporate survey response


“We%foster%an%environment%of%open%communica@on%and%we%welcome%sugges@ons%and%new%ideas%from%our%employees.%%Whether%it%be%through%our%Town%Hall%Mee@ngs,%employee%engagement%surveys,%or%sugges@on%boxes%–%employees%have%shared%their%ideas%and%have%helped%our%firm%evolve%to%where%it%is%today.”%

#6 Multi-Discipline

~LANGAN Corporate survey response


BRPH%has%always%been%a%firm%dedicated%to%its%people.%Projects%come%and%go,%opportuni@es%come%and%go,%but%the%one%constant%is%our%people.%Flexible%work%schedules%and%work%from%home%op@ons%are%now%part%of%our%tradi@onal%offerings…and%making%our%office%loca@ons%more%comfortable%for%team%members%has%become%a%big%part%of%our%culture%including%Friday%Fun%Days%and%small%touches%like%fresh%Cuban%coffee%breaks%at%10%a.m.%and%2%p.m.%every%single%day.

#28 Multi-Discipline

~BRPH Corporate survey response

Best Firms To Work For

➡ How big is big enough? ➡ What do you expect for the future/what are your plans for future? (Very common)➡ Ownership transition plan?➡ When will we move out of this dirty, badly managed office building?➡ Do you know I'm here?➡ Why do you keep things a secret so long?➡ How do you get your hair so perfectly coiffed?➡ Why are we so bad at holding people accountable and calling out bad behavior?➡ Do you ever REALLY go on vacation? (Without your phone for email)➡ You guys want to go surfing this weekend?➡ Why are we okay with making no money?

If you could ask your leadership just one question, what would it be?

What is your most effective marketing tool? (Ex. Email, word of mouth, website, etc)

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What differentiates your firm from the competition?

We want to know..

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#BFTWF#HotFirm2015

Analysis of Award Winners by Christina Zweig

Data & Analytics

Transcript of Analysis of Award Winners by Christina Zweig